10 biggest corporations make more money than most of world combined

The world’s top ten corporations, including Apple, Shell and Walmart, have a combined revenue that is greater than the combined income of the 180 “poorest” countries out of the world’s total 195 sovereign states.

The figures, which reveal that Walmart, Apple and Shell alone are now richer than Russia, Belgium and Sweden, were released by the campaign group Global Justice Now.

Sixty-nine of the world’s 100 top economic entities are now corporations instead of countries – a rise from last year’s staggering figure of 63. Out of the top 200 entities in the world, a whopping 153 were found to be corporations.

“Their wholehearted support for the US-EU trade deal TTIP, is just the latest example of government help to big business. Disgracefully it also routinely opposes the call of developing countries to hold corporations to account for their human rights impacts at the UN.”